The US president is angry with the chair of the Federal Reserve over interest rates. He’s applying a lot of pressure on Jay Powell to lower them or leave his job. The FT’s Claire Jones and Adam Posen, ...

The central bank has defied Trump's public criticism for months, adopting a wait-and-see approach as central bankers observe ...

— A Thursday inflation report showed that prices have risen 2.6% over the year that ended in June, an increase in the ...